Mainardis Kenneth Arrigo 4

What Happened

• Kenneth Mainardis, Senior Vice President at Getty Images (GETY), sold 29,565 shares on March 25, 2026 in an open-market transaction. The weighted average sale price was $0.78 per share for proceeds of approximately $23,061. This sale was a disposition (code S) and appears to have been done to satisfy tax withholding obligations tied to the vesting and settlement of restricted stock units and performance restricted stock units.

Key Details

• Transaction date: March 25, 2026; Form 4 filed March 27, 2026 (appears timely).
• Price range and execution: Executed in multiple trades at prices between $0.76 and $0.82; $0.78 reported as the weighted average price.
• Shares sold: 29,565; gross proceeds ≈ $23,061.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes:
  • F1: Sales were non-discretionary to cover mandatory tax withholding for vesting/settlement of RSUs and PRSUs and were effected pursuant to Rule 10b5-1 plan instructions tied to award agreements (dated March 16, 2023).
  • F2: Multiple-trade execution; reporting person will provide detailed per-trade prices/quantities on request.
• Filing timeliness: Transaction reported within two days (filed March 27 for a March 25 trade), so not indicated as late.

Context

• This was not a purchase or an exercise — it was a routine sale to cover tax withholding on equity awards. Such sales are common when restricted awards vest and generally reflect tax logistics rather than a direct signal about the insider’s view on the company.